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116 SPRUCE STREET, Collingwood — listed at $475,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Developers, Investors, or First Time Home Buyers! Central Collingwood, 3 bedrooms, updated bathroom, large kitchen with island, main floor laundry, fenced yard, and close to most amenities! Renovations have been started with most of the heavy lifting already done. New roof, Board and Batten, new trim. Upper floor has been stripped back to the studs, new electrical, drywalled, ready for paint and flooring. Main level is open concept living area with economical wood stove, fresh paint. Large den or Costco sized storage room. Oversized detached garage for is great for a shop setup and includes floor plumbed for infloor heat! Great potential for a handyman to build equity by completing the renovations and personalizing the space. Seller is motivated for a quick closing. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 3.96 x 5.18 meters |
| Kitchen | Main level | 4.39 x 3.96 meters |
| Dining room | Main level | 4.08 x 3.96 meters |
| Den | Other | 5 x 2.13 meters |
| Bedroom | Second level | 3.47 x 2.87 meters |
| Bedroom | Second level | 4.57 x 2.23 meters |
| Primary Bedroom | Second level | 2.87 x 3.96 meters |
| Laundry room | Main level | 3.04 x 1.95 meters |
Is this a good starter home?+
At $475,000, this is priced in starter-home territory for Collingwood. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Is 116 SPRUCE STREET a good fit for a growing family?+
With 3 bedrooms and 1 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,947.8, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How many fireplaces are there, and what type?+
This home has 1 fireplace. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
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